PPP Loan information for Pyott-boone electronics

$955,000

Pyott-boone electronics was initially approved for PPP Loan of amount $955,000, the current approved amount is $955,000. The loan was approved on 04/13/2020 by The Summit Community Bank, Inc. reported 107 jobs and $955,000 was used to fund payroll.

Pyott-boone electronics is Existing or more than 2 years old

PPP Loan Search / VA / NORTH TAZEWELL / Pyott-boone electronics

PYOTT-BOONE ELECTRONICS

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PYOTT-BOONE ELECTRONICS

Borrower Address

1459 WITTENS MILL RD

Borrower City

NORTH TAZEWELL

Borrower State

VA

Borrower Zip

24630-8373

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

955000.00

Current Approval Amount

955000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH TAZEWELL

Project County Name

TAZEWELL

Project State

VA

Project Zip

24630-8373

CD

VA-09

Jobs Reported

107

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

91000.00

Payroll Proceed

764000.00

Mortgage Interest Proceed

100000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

960252.50

Forgiveness Date

11/05/2020

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